Village Farms International, Inc. has announced a significant leadership change as Stephen Ruffini, the Chief Financial Officer (CFO), plans to transition from his role as part of the company's succession planning process. This decision, effective March 30, 2026, is not due to any disputes or disagreements regarding the company's operations or financial disclosures. Instead, it reflects a strategic move to ensure a smooth transition and continued growth for the company. Ruffini will remain in his position until a new CFO is appointed, after which he will focus on mergers and acquisitions, a critical area for the company's future growth. The company has initiated a search for a new CFO, emphasizing its commitment to maintaining strong leadership during this transition. The announcement was made public through a press release on April 3, 2026, detailing the succession plan and highlighting Ruffini's contributions over his 17-year tenure. Under his leadership, Village Farms has transformed into a leader in the cannabinoid-based consumer packaged goods sector, successfully uplisting to the NASDAQ and executing several strategic transactions that have added significant value for shareholders. The company is poised for continued growth, with a focus on both organic investments and potential acquisitions. This leadership change is expected to have a positive impact on the company's strategic direction and operational execution, aligning with its long-term goals.

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